Deferred retirement means you are leaving your contributions and
interest on deposit with MercedCERA until you begin receiving a
pension in the future. This option is only available if you are
fully vested with at least five years of retirement service
credit or reach age 70.
As a deferred member, you may receive your retirement allowance
any time that you are eligible to retire. In order to apply for
retirement, contact the MercedCERA office when you are eligible
or want to receive benefits.
Deferred members may cancel their deferred retirement and
withdraw any accumulated contributions prior to receiving a
retirement allowance, unless you have established reciprocity
with an eligible public agency.